With the adoption of the Carbon Border Adjustment Mechanism (Cbam), Brussels subjects imports of seven inputs to surcharges of 20% to 35% if production exceeds its environmental limits The European Union has been proactive in pressuring its trading partners to adhere to its domestic greenhouse gas emissions reduction goals, primarily rooted in protectionism. First, with…
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The carbon negative South American country bides its time ahead of potential oil boom The FDI angle: In early June, Suriname’s state-owned company Staatsolie hosted an energy, oil and gas summit in the capital, Paramaribo. The aim was to “bring Suriname to the attention of the world” and promote investment into the country’s nascent offshore…
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As extreme weather events roiled communities around the world this summer, businesses and governments are feeling more pressure than ever to respond to climate change. Tracking emissions has historically been difficult, because the methods for tracking a company’s carbon footprint are all over the place. In the U.S., corporate sustainability reporting remains unstandardized and largely…
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By providing economic incentives within a market-based system, many believe that carbon trading is the most effective way to fight climate change, but others argue that it will only delay society’s transition away from fossil fuels. CNBC’s Tom Chitty explains. The Complexities of Carbon Trading: A Comprehensive Approach to Climate Change Carbon credits is a…
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Many governments and business leaders have made commitments to reduce carbon emissions in response to the 2015 Paris Agreement. This series covers topics surrounding green energy transition The 2015 Paris Agreement is a historic agreement between world governments to reduce carbon emissions in order to combat the effects of climate change. As a result, many…
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Rethinking Integrity in the Voluntary Carbon Market Systemic flaws in the carbon market The VCM is riddled with a lack of transparency and robust quality standards. Various independent investigations have revealed that the market is flooded with low-quality credits with little to no impact on the climate. The Compensate Foundation has reached the same conclusion…
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Spotlight on Climate Change Environment at a Glance in Latin America and the Caribbean: Spotlight on climate change presents the progress made by countries in the region in reducing greenhouse gas emissions, improving air quality and protecting natural habitats. It describes the level of exposure to climate-related hazards and some of the main policy instruments used…
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eyesonbrasil Mangroves are found in 123 nations and territories, but they represent less than 0.4% of the total of the world’s forested areas. 🌊They support biodiversity, promote food security, and hold cultural, recreational and spiritual value. Their complex structures protect our coasts from storm surges and erosion. And, they absorb chemical pollution and trap sediments in…
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Sept 13 (Reuters) – The South American forest nation of Suriname plans to become the first country to sell carbon credits under a system set up by the 2015 U.N. Paris Agreement to help curb climate change, an adviser on the sale told Reuters. The prospective sale is a bid to attract investors with government-backed…
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“The investment will be used for four parts,” says Jacob Ruiter, CEO of EIT InnoEnergy Benelux. “We are going to invest more in our current portfolio of companies and want to attract new companies. In doing so, we use the capital to set up new companies in promising markets. Our fourth goal is related to…
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